Remove Experimentation Remove Risk Remove ROI Remove Testing
article thumbnail

Expectations vs. reality: A real-world check on generative AI

CIO Business Intelligence

Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI. Pilots can offer value beyond just experimentation, of course.

article thumbnail

How to Set AI Goals

O'Reilly on Data

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

Regulations and compliance requirements, especially around pricing, risk selection, etc., Fractal’s recommendation is to take an incremental, test and learn approach to analytics to fully demonstrate the program value before making larger capital investments. Transforming the organization to collaborate/compete with insur-techs.

Insurance 250
article thumbnail

Belcorp reimagines R&D with AI

CIO Business Intelligence

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs.

article thumbnail

How generative AI impacts your digital transformation priorities

CIO Business Intelligence

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

article thumbnail

Machine Learning Product Management: Lessons Learned

Domino Data Lab

Pete indicates, in both his November 2018 and Strata London talks, that ML requires a more experimental approach than traditional software engineering. It is more experimental because it is “an approach that involves learning from data instead of programmatically following a set of human rules.”

article thumbnail

Only One Problem To Solve for Successful Data and Analytics

DataKitchen

This requires a culture of innovation, experimentation, and willingness to take risks and try new approaches. It is not enough to just deploy to production quickly; teams need to lower the risk of deployment failure. Does it have ROI? The team must be agile and flexible, able to pivot quickly and adapt to new challenges.

Analytics 130